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Monthly Archives: September 2013

Citizens Denying Claims While Paying Its Lawyers Million$$ of Dollars

Posted in Citizens Property Insurance, Insurance, Insurance Policy, Sinkhole, Uncategorized

Citizens Property Insurance Corporation has been earning a reputation for systematically denying almost every insurance claim asserted by its policyholders.  Instead of honoring valid claims, Citizens spends millions of dollars each month “defending” claims – the same type of claims that other insurance companies would routinely pay without question.  Although those of us in the… Continue Reading

Water Damage – the Silent Destroyer of Homes

Posted in Flood Damage, Insurance, Insurance Policy, Uncategorized, Water Damage

Although hurricanes, earthquakes, and sinkholes get the majority of the attention in the news, the vast majority of insurance claims deal with water damage to property.  These claims are generally broken into two categories – flood damage and water leak/seapage damage.  Flood claims revolve around damage caused by “rising water”, as opposed to other types of water losses… Continue Reading

New Flood Insurance Law May Crush Florida’s Real Estate Market

Posted in Flood Damage, Insurance, Insurance Policy, Uncategorized, Water Damage

Pursuant to a new Federal law, premiums for residential flood insurance in Florida may soon be as high as $24,000 a year.  A new law, the Biggert-Waters Flood Insurance Reform Act, was enacted by Congress in 2012 as a knee jerk reaction to the recent large scale disasters such as hurricanes Katrina and Sandy.  Proponents of the new… Continue Reading